Finance
UK Crypto Investors Alerted: HMRC Tax Obligations Persist Beyond Warning Letters
Despite not receiving a letter from HMRC, UK crypto investors might still be liable for taxes, experts caution.
Finance
Bank of England Investigates Financing Strategies Linked to AI Speculation
The Bank of England is concerned that increasing loans to data centers might trigger an AI market bubble similar to the dot-com crash in the early 2000s.
Finance
UK Crypto Investors May Face Tax Liabilities Despite HMRC Notifying Letters
Experts warn that UK cryptocurrency investors might still owe taxes even if they haven't received any communication from HMRC.
Crypto
Crypto Investors in the UK Face Potential Tax Liabilities Without HMRC Notifications
Experts caution that UK crypto investors might still owe taxes even if they haven't received any warnings from HMRC.
Finance
UK Tax Authority Increases Crypto Warning Letters to Combat Unreported Gains
The UK's HMRC has significantly intensified its scrutiny on crypto investors by significantly increasing the warning letters sent to those suspected of tax evasions.
Finance
Bank of England's Temporary Stablecoin Limit Plan
The Bank of England's Deputy Governor has reiterated that proposed restrictions on stablecoins will be temporary to maintain system stability, despite industry concerns regarding innovation and growth.
Banking
Bank of England's Temporary Restrictions on Stablecoins Explained
The Bank of England has announced that its proposed limitations on stablecoin holdings and transaction sizes are intended as a temporary measure to stabilize the financial system.
Crypto News
UK Government Mandates Crypto Firms to Collect User Data Starting 2026
The UK government has introduced new regulations requiring all crypto firms to gather and report extensive user data from January 2026.
Crypto
UK Treasury to Test Digital Bond Utilizing Blockchain Technology
The UK government is set to pilot a digital gilt instrument that will harness distributed ledger technology, as part of new financial strategies outlined by Chancellor Rachel Reeves.
News
UK's Renewed Push for Apple iCloud Backdoor Risks Crypto Wallet Security
The UK government is pressuring Apple to provide access to encrypted iCloud backups, which could lead to vulnerabilities for cryptocurrency wallets.
Blockchain
UK's Financial Regulator Promotes Blockchain for Fund Tokenization
The UK's Financial Conduct Authority has unveiled a plan to aid asset managers in utilizing blockchain and tokenization.
Crypto
UK Tax Agency Increases Warning Letters for Crypto Tax Compliance
HMRC has significantly intensified its scrutiny over cryptocurrency investments, issuing more warning letters to investors in an effort to ensure compliance with tax regulations.
Finance
KR1 Plans to Transition to the London Stock Exchange as UK Embraces Crypto
British crypto firm KR1 is set to elevate its listing to the London Stock Exchange amidst a shift in the UK's regulatory approach to cryptocurrencies.
Crypto
UK Crypto Investors Might Face Tax Liabilities Despite No HMRC Contact
Experts caution that UK investors who haven't received HMRC warning letters could still owe taxes, highlighting the agency's intensified tracking of digital asset incomes.
Crypto
UK Crypto Investors May Still Face Tax Bills Without HMRC Letters
Experts caution that UK crypto investors who have not received tax warning letters from HMRC may still have tax obligations.
Crypto
CryptoUK Advocates for US-Aligned Stablecoin Rules to Boost UK Market
Crypto trade association in the UK emphasizes the need for stablecoin regulations that align with the US to enhance confidence in digital assets.
Finance
UK Mulls Over Distributing Current Value of Seized Bitcoin to Fraud Victims
UK officials are contemplating whether to retain significant gains from Bitcoin seized in connection with a 2018 fraud case rather than fully compensating the victims.
Finance
UK Government Considers Retaining Bitcoin Gains from Fraud Bust Instead of Compensating Victims
UK officials deliberate on whether to retain substantial gains from seized Bitcoin linked to a fraud case instead of providing the full current value to affected victims.
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